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Global Trade Alert

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Switzerland: Inclusion of over 80 new companies on the frozen fund list headquartered in Russia and Crimea

Description

On 20 December 2023, the Swiss Federal Council announced that it is adding 81 companies headquartered in Russia to the list of entities whose funds and economic resources will be frozen in Switzerland...

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Intervention Details

Intervention Type

Controls on commercial transactions and investment instruments

MAST Chapter

Capital control measures

Implementation date

21 Dec 2023

Revocation date

No revocation date

Implementation level

National

Affected flow

Outward

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

Graph

Table

Affected Sectors

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Affected Products

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Threads

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